2017 is
finally here and with it the events affecting the market begin anew. The first
week of the new year is no exception, as there will be several important
high-impact events traders should be mindful of:
There are no
events on Monday, but the rest of the week more than compensates for that.
On Tuesday
we can expect the release of both the US and British manufacturing Purchasing
Managers’ Indexes.
On
Wednesday will be the first release of the FOMC meeting minutes for this year.
On Thursday
we can expect the US Unemployment Claims as well as data on the US Crude Oil
Inventories.
This Friday
being the first one for this month means that we should prepare for one of the main events of
this week, namely the US Change in Non-Farm Payrolls which almost always has a significant
effect on the market.
Since the holiday season is winding down we can expect an uptick in the market volatility, which is a boon for traders. I wish you a successful trading week.
Always useful to know what economic data will have impact on the week.
ReplyDeleteThank you for the helpful information.
ReplyDeleteNot much going on, but it will pick up as the week progresses.
ReplyDeleteThanks for the useful information.
ReplyDeleteGood insight.
ReplyDeleteRelevant info!
ReplyDeleteUseful information, thank you!
ReplyDelete